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1 The North and the South 1 (1850)

handle is hein.slavery/norths0001 and id is 1 raw text is: 







            THE NORTH AND THE SOUTH.


  The  progress and prospects of the Northern and Southern sections of this
Union  involves some of the greatest and gravest questions of the age. Each
has a form of civilization peculiar to itself, and to modern times. The confed-
eracy which has  been formed by their union has astonished the world by its
success; but the world, as well as the two sections themselves, differ very
widely as to the causes of this success, and the agency of the two respective
systems of society in producing it.
   This controversy has long been advancing on  the country, and now,  in
consequence  of recent events, it has become general.  In this part of the
country, however, wethave had but one side; and as the subject is one of the
first magnitude, I have thought it highly important that it should be well
examined.  'In a Commercial Institution like this, it is peculiarly proper that
the causes of the wealth and the sources of the commerce of the country should
be well understood.
   When  the Constitution of the United States was adopted, the population
of the two sections of the United States was nearly equal-each  being not
quite two millions of inhabitants, the South including more than half a million
of slaves. The territory then occupied by the two was, perhaps, also nearly
equal in extent and fertility. Their commerce was also about the same; the
North exporting about $9,800,540 in 1790, and the South $9,200,500.-* Even
the property held by the two sections was almost exactly the same in amount,
being about  400,006 millions in value each, according to an assessment for
direct taxes in 1799.* For the first quarter of a century of the present Govern-
ment, up to 1816, the South took the lead of the North in commerce: as at
the end of that period the exports of the Southern States amounted to about
thirty millions of dollars, which was five millions more than the Northern. At
this time, in 1816, South Carolina and New York Were the two  greatest ex-
porting States of the Union, South Carolina exporting more than $10,000,000,
and New   York over $14,000,000.*
   According to the assessments made by authority of the Federal Government
in 1815 for direct taxes, the value of property in the Southern States had risen
to $859,574,697, the white population being then, according to an average of
the census of 1810  and that of 1820,  about 2,749,795, or about $312 per
head, whilst the property of the Northern States amounted to $1,042,782,264,*
for 4,326,550 population, or only $240 per head.
   Even in Manufactures, the South, at this period, excelled the North in pro-
portion to the numbers of their population. In 1810, according to the returns
of the Marshals of the United States, the fabrics of wool, cotton, and -linen,
manufactured  in the Northern States, amounted to 40,344,274 yards, valued
at $21,061,525, whilst the South fabricated 34,786,497 yards, estimated at
$16,771,724.   Thus, after the lapse of the first quarter of a century, under our
present form of Government, the South had surpassed the North in Commerce,
in Manufactures, and in the accumulation of wealth, in proportion to the num-
ber of citizens of the respective sections.


* Pitkin.

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